THE SPRINGFIELD FOUNDATION

EIN: 316030764 501(c)(3) Philanthropy & Grantmaking

SPRINGFIELD, OH

Total Revenue
$18,054,801
Total Expenses
$4,857,662
Total Assets
$131,250,451
Net Assets
$69,202,201
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
OH
Principal Officer
SUSAN CAREY
Phone
9373248773
Tax Period
2023-01-01 to 2023-12-31

THE SPRINGFIELD FOUNDATION, founded in 1948, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $18.1M in total revenue in fiscal year 2023. Revenue surged 150% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13.2M, a strong 73% operating margin.

Mission

PROVIDE FOR ADVANCEMENT AND SUPPORT OF EDUCATION, WELFARE SERVICES, RECREATION, FINE ARTS, HEALTH SERVICES AND ENHANCEMENT OF CHILDREN'S LIVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,832,072
Program Service Revenue $263,793
Investment Income $1,954,570
Other Revenue $4,366
TOTAL REVENUE $18,054,801

Expense Breakdown

Grants Paid $3,341,555
Salaries & Benefits $622,107
Fundraising Expenses $350,593
Program Expenses $4,096,371
Other Expenses $894,000
TOTAL EXPENSES $4,857,662

Year-over-Year Comparison

2023 2022 Change
Revenue $18,054,801 $7,221,415 +1.5%
Expenses $4,857,662 $5,602,894 -0.1%
Net Income $13,197,139 $1,618,521 +7.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
7
Volunteers
42

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$149,360
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTORIA DAWSON-SCRUSE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHEN MOODY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
AMANDA LANTZ SECRETARY 1.00
Officer Director
$0 $0 $0
NETTIE CARTER-SMITH TREASURER 1.00
Officer Director
$0 $0 $0
AARON CLARK TRUSTEE 1.00
Director
$0 $0 $0
KRISTI LEETH TRUSTEE (THRU JUNE) 1.00
Director
$0 $0 $0
MATT LUTHER TRUSTEE 1.00
Director
$0 $0 $0
SUNNA BASS TRUSTEE 1.00
Director
$0 $0 $0
GREG ROGERS TRUSTEE 1.00
Director
$0 $0 $0
PAM MEERMANS TRUSTEE 1.00
Director
$0 $0 $0
GREGORY FLAX TRUSTEE 1.00
Director
$0 $0 $0
HUMERA UMERANI TRUSTEE 1.00
Director
$0 $0 $0
JEANNE LAMPE TRUSTEE 1.00
Director
$0 $0 $0
BASIL FETT TRUSTEE 1.00
Director
$0 $0 $0
CHRIS WELLS TRUSTEE 1.00
Director
$0 $0 $0
BLAKE SHAFFER TRUSTEE 1.00
Director
$0 $0 $0
SHARON FRANDSEN TRUSTEE 1.00
Director
$0 $0 $0
RACHEL WILSON TRUSTEE 1.00
Director
$0 $0 $0
PASTOR JERMAIN MAYNARD TRUSTEE 1.00
Director
$0 $0 $0
ANDY BARLOW TRUSTEE 1.00
Director
$0 $0 $0
PAULA CREW TRUSTEE 1.00
Director
$0 $0 $0
ANDY FOX TRUSTEE 1.00
Director
$0 $0 $0
SUSAN CAREY EXECUTIVE DIRECTOR 40.00
Officer
$136,200 $13,160 $149,360
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $18,054,801 $4,857,662 $131,250,451 $13,197,139
2022 $7,221,415 $5,602,894 $109,518,613 $1,618,521
2021 $10,170,377 $3,772,963 $116,865,181 $6,397,414
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